States Show Significant Growth in Doc Stamp
and Stock Transfer Tax Collections in 1998
Per Capita Documentary Stamp and Stock Transfer Taxes
FY 1998
| Rank |
State |
Dollars |
Rank |
State |
Dollars |
| 1. | Delaware | $87.92 | 23. | Oregon | $5.24 |
| 2. | Florida | 83.04 | 24. | Illinois | 3.89 |
| 3. | Washington | 69.72 | 25. | Nebraska | 3.66 |
| 4. | New Hampshire | 37.28 | 26. | West Virginia | 3.33 |
| 5. | Connecticut | 28.47 | 27. | Iowa | 3.14 |
| 6. | Vermont | 25.62 | 28. | Oklahoma | 2.34 |
| 7. | Minnesota | 25.44 | 29. | Nevada | 1.53 |
| 8. | Pennsylvania | 23.66 | 30. | Kentucky | 0.88 |
| 9. | Michigan | 23.21 | 31. | South Dakota | 0.18 |
| 10. | Tennessee | 20.34 | 32. | North Carolina | 0.12 |
| 11. | Virginia | 18.57 | 33. | Georgia | 0.03 |
| 12. | New York | 17.94 |
| 13. | Maryland | 16.06 |
| Alaska, Arizona, California, Colorado, |
| 14. | Massachusetts | 14.46 | | Idaho, Indiana, Kansas, Louisiana, |
| U.S. Average | 13.14 | | Mississippi, Missouri, Montana, |
| 15. | New Jersey | 11.40 | | New Mexico, North Dakota, Ohio, |
| 16. | Maine | 10.84 | | Texas, Utah and Wyoming have no |
| 17. | Wisconsin | 7.36 | | documentary stamp or stock transfer |
| 18. | South Carolina | 6.83 | | tax. |
| 19. | Rhode Island | 6.49 |
| 20. | Arkansas | 6.29 | | Note: Includes intangibles tax on |
| 21. | Hawaii | 5.92 | | mortgages and other realty transfer |
| 22. | Alabama | 5.59 | | or stock transfer taxes. |
|
|
| Florida's 5-Year History | Rank | | Dollars | % of U.S. Average |
| 1994 | 1 | | $66.09 | 676.5% |
| 1995 | 1 | | $56.81 | 637.2% |
| 1996 | 2 | | $63.14 | 737.6% |
| 1997 | 1 | | $67.97 | 673.0% |
| 1998 | 2 | | $83.04 | 632.1% |
Source: U.S. Department of Commerce and Florida TaxWatch, January 2000
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© Florida TaxWatch, 2000
All Rights Reserved.
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